MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ) Shares Down 4.5% – Here’s Why

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZGet Free Report)’s stock price traded down 4.5% during trading on Monday . The company traded as low as $13.96 and last traded at $13.86. 77,738 shares were traded during mid-day trading, a decline of 54% from the average session volume of 167,723 shares. The stock had previously closed at $14.52.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Price Performance

The business has a fifty day moving average of $12.72 and a 200 day moving average of $14.76. The stock has a market cap of $10.89 billion, a price-to-earnings ratio of 41.53 and a beta of -4.76.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Company Profile

(Get Free Report)

The MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN (BERZ) is an exchange-traded fund that is based on the Solactive FANG Innovation index. The fund tracks -3x the daily price movements of an equal-weighted index of US-listed technology companies. BERZ was launched on Aug 20, 2021 and is issued by REX Microsectors.

Further Reading

Receive News & Ratings for MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors FANG & Innovation -3x Inverse Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.